Newslink : Bitcoin Price: $820 Resistance in the Way of New All Time High

curators (45) in newslink • 8 years ago

Current bullish sentiment and upward pressure could double the Bitcoin price in December if resistance at $820 is broken.

According to indicators, several support levels are ready to rise even if profit-taking takes place or if the big players force a sideways lateral market. Japanese Candlestick Analysis reflects that an intermediate support level has set it at around the $700 USD mark. The chart also hints that the next relevant support level could be at around $820.

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8 years ago by curators (45)

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